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Fair Trade 101

Fair trade is a term used frequently in sustainable living circles but like many "green" words, there tends to be confusion as to its meaning. Fair trade is a sustainability concept and is an alternative way of doing business - one that builds equitable, long-term partnerships between consumers in North America and producers in developing regions.

The word “fair” can mean a lot of different things to different people and there are myths about what fair trade really is. Fair Trade is about more than just paying a fair wage. It is also not charity. It means that trading partnerships are based on reciprocal benefits and mutual respect; that prices paid to producers reflect the work they do; that workers have the right to organize; that national health, safety, and wage laws are enforced; and that products are environmentally sustainable and conserve natural resources.

As expressed in our sustainability consulting, fair trade is a sustainable business model that has multiple environmental and social impacts: click here to continue reading.

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